2024-10-07T10:23:01-05:00 2023-12-31 911663574 LARSON GROSS PLLC 2211 RIMLAND DR 422 BELLINGHAM WA 98226 990 2023-01-01 371525217 PACIFIC NORTHWEST TRIBAL LENDING FINANCIAL INSTITUTION PACI 3605946004 12 BELLWETHER WAY NO 224 BELLINGHAM WA 98225 REX RHOADES BOARD CHAIRMAN 3605946004 2024-09-30 1 0 STEVE FORBES-CPA P00012098 3607344280 2023 2024-10-15 13:58:12Z X REX RHOADES 12 BELLWETHER WAY NO 224 BELLINGHAM WA 98225 991915 0 X WWW.LUMMICDFI.ORG X 2006 WA TO PROVIDE ACCESS TO EDUCATION IN ORDER TO IMPROVE THE PROSPERITY AND WELL-BEING OF FAMILIES. 5 1 5 1 0 0 1465043 798405 149743 191554 810 1956 1250 0 1616846 991915 0 0 0 0 419311 396730 0 0 0 273950 371080 693261 767810 923585 224105 4447190 4699953 886588 915246 3560602 3784707 X TO PROVIDE ACCESS TO EDUCATION, FINANCING, AND ASSET GROWTH IN ORDER TO IMPROVE THE PROSPERITY AND WELL BEING OF FAMILIES, THROUGH TECHNICAL ASSISTANCE AND DEVELOPMENT SERVICES OF FINANCIAL LITERACY, BUDGETING, AND BUSINESS PLAN COUNSELING. THE ORGANIZATION SEEKS TO SERVE AS THE BRIDGE TO MAINSTREAM FINANCING INTITUTIONS. LENDING PRODUCTS INCLUDE COLLATERALIZED LOANS FOR MICROENTERPRISES AND SMALL BUSINESSES FOR PURPOSES OF WORKING CAPITAL AND FIXED ASSETS. THE ORGANIZATION MAKES LOANS TO MEMBERS OF THE LUMMI NATION, RESIDENTS OF THE LUMMI RESERVATION, AND OTHER NATIVE AMERICANS OR PRIVATE INDIVIDUALS AND ENTITIES WHOSE ACTIVITIES WILL ACCRUE SOCIAL OR ECONOMIC BENEFIT TO THE LUMMI NATION OR RESIDENTS OF THE LUMMI RESERVATION. 0 0 631510 191554 PROVIDED SMALL BUSINESS LOANS TO ALLOW COMMUNITY GROWTH, DEVELOPMENT, AND EDUCATION TO OCCUR WHILE KEEPING FUNDS IN THE COMMUNITY FOR THE BENEFIT OF THE LUMMI TRIBE AND SURROUNDING AREA. 631510 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 WA X THE ORGANIZATION 3605946004 12 BELLWETHER WAY NO 224 BELLINGHAM WA 98225 REX RHOADES BOARD CHAIRMAN 5.00 X X 1250 0 0 CINDY CULTEE VICE-CHAIR 2.00 X X 1250 0 0 JOSEPH BOWEN SECRETARY 2.00 X X 1250 0 0 DEBRA LEKANOFF BOARD MEMBER 1.00 X 1000 0 0 FRED ENINGOWUK BOARD MEMBER 1.00 X 1000 0 0 JOHN MICHENER BOARD MEMBER 1.00 X 0 0 0 NANCY JORDAN INTERIM EXECUTIVE DIRECTOR 50.00 X 104811 0 27238 110561 0 27238 1 0 0 0 0 98725 699680 798405 LOAN INTEREST 523940 154585 154585 LOAN RECOVERY 523940 22313 22313 SERVICE REVENUE 523940 14656 14656 191554 1956 1956 991915 191554 0 1956 132049 104136 27913 191471 150998 40473 49089 38712 10377 24121 19022 5099 17520 16617 903 18000 17073 927 41390 39257 2133 4036 4036 26202 18093 8109 47388 35460 11928 30944 18957 11987 12878 10892 1986 19616 17897 1719 16924 15329 1595 BAD DEBT 106195 97347 8848 MISCELLANEOUS 14935 12632 2303 BANK SERVICE FEES 12216 12216 DUES AND SUBSCRIPTIONS 2836 2836 767810 631510 136300 0 2395174 1860365 304023 598963 1720493 2226144 27500 14481 4447190 4699953 47496 30677 839092 884569 886588 915246 X 2970846 2926194 589756 858513 3560602 3784707 4447190 4699953 224105 0 X X 0 1 X 1 0 X 853560 950159 801490 1459779 798405 4863393 853560 950159 801490 1459779 798405 4863393 4863393 258934 224923 142376 155817 193510 975560 8703 2508 1250 12461 5851414 0.83110 0.82520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LOANS PAYABLE 884569 884569 991915 0 991915 0 991915 767810 0 767810 0 767810 FORM 990, PART VI, SECTION B, LINE 11B THE 990 FEDERAL TAX RETURN WILL BE REVIEWED BY THE BOARD BEFORE IT IS SIGNED AND FILED IN A SPECIAL MEETING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST MUST BE DISCLOSED. ANY INTERESTED PERSON MAY MAKE A PRESENTATION TO THE GOVERNING BOARD OR COMMITTEE. AFTER, HE/SHE MUST LEAVE THE MEETING. THE BOARD WILL VOTE AND TAKE APPROPRIATE ACTION. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 TAX RETURN WILL BE PROVIDED UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.